KU Federal Funds Sequester Update

What is the Sequester and Why Does It Matter to the University of Kansas?
  • Automatic outcome of the federal Budget Control Act of 2011 
  • Unprecedented, and affects all higher education institutions (and most federal agencies)
  • Began on March 1, 2013 and continues in effect
  • Immediate 5.1% cut in authorization for balance of federal fiscal year (Oct. 1, 2013)
  • Specific federal agency plans, details, and guidance have not yet been provided
  • All-KU:  estimated $12.6 million potential impact on research, student financial aid, other federal funding
The sequester has far-reaching local and national ramifications for research. 
  • Overall estimate: $12 billion reduction in federal research spending in 2013
  • Overall estimate: $95 billion reduction in federal research spending over next nine years
KU leadership is addressing the sequester proactively.
  • KU continues to advocate for reduction or repeal of the sequester
  • Broad-based KU group is working to respond to the sequester as it involves:
         o Financial and Regulatory System Issues
         o Employment and Student Issues
         o Communication and Coordination

COMMUNICATION STATEMENTS AND LATEST UPDATES

House Approves Resolution to Keep Government Running; Bill Heads to White House [Excerpt]

Washington Post, March 21, 2013

Rosalind S. Helderman and Lisa Rein

Congress approved a short-term funding bill Thursday [March 21] that ends the possibility of a federal government shutdown next week. But a broader budget battle about taxes and spending for the year is just beginning.  The stop-gap spending resolution, approved on a broad bipartisan vote in the House, locks in the $85 billion across-the-board spending cuts known as the sequester through the Sept. 30 end of the fiscal year.  The House vote, which provides funding for the government for the six months starting March 28, came a day after the Senate approved the bill. It now goes to President Obama for his signature, ending a relatively smooth and drama-free process for a Congress that has repeatedly found itself deadlocked on spending issues.  Still, the measure covers only the next six months.
 

KU Communications and News Media        
Communications at Other Universities 
White House Statements
Congressional Statements
Higher Education Community Statements
What KU Faculty and Staff Can and Cannot Do
 
Why KU
  • $240 million in research expenditures
  • 48 nationally ranked graduate programs.
    —U.S. News & World Report
  • Pharmacy school No. 2 nationally for NIH funding
  • Hall Center receives 3rd NEH challenge grant to support humanities research collaboration
  • Regional leader in technology commercialization
  • 12 graduate programs rank in top 10 nationally among public universities.
    —U.S. News & World Report
  • Driving discovery, innovation, entrepreneurship
  • Home to 15 major research centers & state surveys
  • 1st in nation for its special education master’s and doctorate programs.
    —U.S. News & World Report
  • 1st in nation for its city management and urban policy master’s program.
    —U.S. News & World Report